homeowners insurance News

California Watchdog Group Wants State Farm to Reduce Rates by 40%

Consumer Watchdog filed a petition in California challenging State Farm’s proposed rates for its homeowners insurance and wants the insurers to cut its rates by as much as 40 percent. The Santa Monica, Calif.-based consumer group said insurer will be …

Wildfires Threaten Homes in Central California

Crews contended with blistering temperatures Monday as they tried to beat back a wildfire that burned rural homes and forced hundreds of evacuations in California’s Central Valley, while cooler weather gave firefighters a break as they battled a 10-day-old blaze …

Airbnb Sues Southern California City over Short-term Rental Law

Airbnb is suing the city of Anaheim over a law that regulates short-term rentals. The Orange County Register reported the suit argues the city violates free-speech rights and federal law by holding Airbnb responsible when users post listings for illegal …

Containment on Massive California Wildfire Increases

Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation orders affecting 10,000 homes were …

PCI Urges California Governor to Sign Insurance Bill on the Sharing Economy

The Property Casualty Association is urging California’s governor to sign a bill approved by the Legislature to ensure homeowners and renters offering rooms for rent on hosting platforms like Airbnb and Home Away understand what insurance coverage they have. Senate …

Universal Property & Casualty Expands Into Alabama Homeowners Market

Universal Insurance Holdings, Inc. has been approved by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC). The company reported that UPCIC has subsequently written its first …

Central California Blaze Considered Most Destructive in County History

A California wildfire that killed two people and destroyed 200 homes in the southern Sierra Nevada burned away from neighborhoods this week, clearing the way for some residents to return to homes that survived the savage flames. The fire grew …

Firefighters Advance on California Blaze That’s Destroyed 200 Homes

Fire crews are making inroads against a raging wildfire in central California that has claimed two lives and destroyed 200 homes. Roughly 2,000 firefighters were battling the blaze, according to officials. Federal fire officials said Sunday evening that containment on …

Allstate Returns to California Homeowners Market With 12.6 Percent Reduction

Allstate Insurance returned to the California homeowners insurance market this week following a nine-year absence writing new policies. Insurance Commissioner Dave Jones welcomed Allstate, which entered into an agreement with the commissioner to reduce its homeowner insurance rates by an …

Oregon Homeonwers of Lot with Falling Tree Sued by Husband of Dead Woman

The husband of a Portland, Ore. woman killed when a tree slammed into their house has filed a wrongful death lawsuit against the owners of the home next door. The lawsuit states that Dennis Elleson feared the Douglas fir would …